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3 Chiao Yichun Worker's, Farmer's, and Soldier's Bank

Issuer Yichun Worker's, Farmer's, and Soldier's Bank (宜春工农兵银行)
Year 1931
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Size 133 × 83 mm
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Obverse lettering 宜春工農兵銀行
江西
銀洋叁角
合成壹元
敵兌現洋
公曆一九三一年
字第 號
發行
Reverse description The back is printed in black on cream paper with a large solid red rectangular underprint covering the central text block, all enclosed within the same scalloped guilloche border as the face. The entire surface is filled with vertical columns of Chinese text comprising an official proclamation by the Yichun County Soviet government (宜春縣蘇維埃政府佈告) explaining the issuance and use of the notes, with additional red seal impressions scattered across the field. The date 公曆一九三一年八月 (August 1931) appears in the lower left margin.
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The Yichun Worker's, Farmer's, and Soldier's Bank was one of dozens of small Soviet-area banks established by the Chinese Communist Party during the Jiangxi Soviet period, each issuing its own currency to serve a localized economy under constant Nationalist military pressure. Yichun County, in Jiangxi Province, fell within the broader Soviet zone but maintained its own financial apparatus — a practical necessity given the difficulty of moving currency across territory frequently disrupted by Kuomintang encirclement campaigns.

That this note survives at all is the more remarkable fact. Local Soviet currency was printed on rudimentary equipment, often with poor-quality ink and paper, and was systematically destroyed or abandoned as Communist forces retreated during the Fifth Encirclement Campaign of 1933–34. The unlisted status in Pick reflects how few examples reached collectors.

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